Ben Fine

Alfredo Saad-Filho

Marx's Capital Fourth Edition

Ourania Dimakou

A Critical Companion

Macroeconomics

A Text of Critical Reconstruction

Microeconomics: A Critical Companion offers students a clear and concise exposition of mainstream microeconomics from a heterodox perspective. Covering topics from consumer and producer theory to general equilibrium to perfect competition, it sets the emergence and evolution of microeconomics in both its historical and interdisciplinary context.From the culmination of 40 years of teaching, research and policy advice on political economy, Ben Fine critically exposes the methodological and conceptual content of dominant microeconomic models without sacrificing the technical detail required for those completing a first degree in economics or entering postgraduate study. The result is a book which is sure to establish a strong presence on undergraduate reading lists and in comparative literature on the subject.

Microeconomics

Dimitris Milonakis

Is or has economics ever been the imperial social science? Could or should it ever be so? These are the central concerns of this book. It involves a critical reflection on the process of how economics became the way it is, in terms of a narrow and intolerant orthodoxy, that has, nonetheless, increasingly directed its attention to appropriating the subject matter of other social sciences through the process termed "economics imperialism". In other words, the book addresses the shifting boundaries between economics and the other social sciences as seen from the confines of the dismal science, with some reflection on the responses to the economic imperialists by other disciplines. Significantly, an old economics imperialism is identified of the "as if market" style most closely associated with Gary Becker, the public choice theory of Buchanan and Tullock and cliometrics. But this has given way to a more "revolutionary" form of economics imperialism associated with the information-theoretic economics of Akerlof and Stiglitz, and the new institutional economics of Coase, Wiliamson and North. Embracing one "new" field after another, economics imperialism reaches its most extreme version in the form of "freakonomics", the economic theory of everything on the basis of the most shallow principles. By way of contrast and as a guiding critical thread, a thorough review is offered of the appropriate principles underpinning political economy and its relationship to social science, and how these have been and continue to be deployed. The case is made for political economy with an interdisciplinary character, able to bridge the gap between economics and other social sciences, and draw upon and interrogate the nature of contemporary capitalism.

The Shifting Boundaries Between Economics and Other Social Sciences

From Economics Imperialism to Freakonomics

Sosyal sermaye kavramı, ilk başlarda, ailenin eğitim hayatını nasıl etkilediğini ortaya çıkarmak maksadıyla kullanıldı. Ancak zaman içinde bu kavram; ulusların, toplumların ve bireylerin neden zengin ya da yoksul olduklarını açıklamaya muktedir bir araca dönüştü. Dünya Bankası'nın "kalkınmanın kayıp halkası" olarak tanımladığı sosyal sermaye, Rusya'dan Üçüncü Dünya'ya ve oradan da Kuzey Amerika'nın varoşlarına kadar sosyoekonomik analiz ve politikaların her alanına nüfuz etti; öyle ki, elinin değmediği konu kalmadı. Ben Fine, öncelikle sosyal sermaye kavramının kökenini Becker, Bourdieu, Coleman ve Putnam'ın çalışmaları boyunca takip eder ve sosyal bilimler literatürünün kapsamlı bir değerlendirmesini sunar.

Bin Yılın Eşiğinde Ekonomi Politik ve Sosyal Bilimler

Sosyal Sermaye Sosyal Bilime Karşı

Kate Bayliss

Understanding consumption requires looking at the systems by which goods and services are provided – not just how they are produced but the historically evolved structures, power relations and cultures within which they are located. The Systems of Provision approach provides an interdisciplinary framework for unpacking these complex issues. This book provides a comprehensive account of the Systems of Provision approach, setting out core concepts and theoretical origins alongside numerous case studies. The book combines fresh understandings of everyday consumption using examples from food, housing, and water, with implications for society’s major challenges, including inequality, climate change, and prospects for capitalism. Readers do not require prior knowledge across the subject matter covered but the text remains significant for accomplished researchers and policymakers, especially those interested in the messy real world realities underpinning who gets what, how, and why across public and private provision in global, national, and historical contexts.

Who Gets What, How and Why

A Guide to the Systems of Provision Approach

Costas Lapavitsas

Jonathan Pincus

The Post-Washington Consensus has succeeded in becoming the new theoretical underpinning for the World Bank's Structural Adjustment policies in developing countries. This broad-ranging critique explains that without a much broader political economy the Post-Washington Consensus is unlikely to provide a coherent framework for successful development policies. Development Policy in the 21st Century is unique in its depth and assesses the postures of the new consensus topic by topic, whilst posing strong alternatives. It will improve and stimulate the reader's understanding of this important area, and is highly recommended to advanced students and professionals

Beyond the Post-Washington Consensus

Development Policy in the Twenty-First Century

Marco Boffo

This Companion takes stock of the trajectory, achievements, shortcomings and prospects of Marxist political economy. It reflects the contributors' shared commitment to bringing the methods, theories and concepts of Marx himself to bear across a wide range of topics and perspectives, and it provides a testimony to the continuing purpose and vitality of Marxist political economy. As a whole, this volume analyzes Marxist political economy in three areas: the critique of mainstream economics in all of its versions; the critical presence of Marxist political economy within, and its influence upon, each of the social science disciplines; and, cutting across these, the analysis of specific topics that straddle disciplinary boundaries. Some of the contributions offer an exposition of basic concepts, accessible to the general reader, laying out Marx's own contribution, its significance, and subsequent positions and debates with and within Marxist political economy. The authors offer assessments of historical developments to and within capitalism, and of its current character and prospects. Other chapters adopt a mirror-image approach of pinpointing the conditions of contemporary capitalism as a way of interrogating the continuing salience of Marxist analysis. This volume will inform and inspire a new generation of students and scholars to become familiar with Marxist political economy from an enlightened and unprejudiced position, and to use their knowledge as both a resource and gateway to future study.

The Elgar Companion to Marxist Economics

Mary Robertson

This collection offers pathbreaking framing of the material culture of financialisation. It begins with a tight definition of financialisation in order to distinguish the phenomenon of financialisation from its effects and from the looser associations prevalent within much of the literature such as the presence of credit or even simply (more extensive) monetary relations. To locate financialisation within economic and social reproduction, of which material culture is a part, close attention is paid to the distinctive forms of financialisation arising from commodification, commodity form and commodity calculation. The differences in the extent to which, and how, these prevail are addressed through the innovative system of provision approach and its framing of material culture through use of ten distinctive attributes of such cultures, known as the 10Cs (Constructed, Construed, Conforming, Commodified, Contextual, Contradictory, Closed, Contested, Collective and Chaotic). This framing of the cultures attached to financialisation is then illustrated through case studies demonstrating the diverse ways in which shifting cultures have served to embed financialisation in our daily lives. After a discussion of the material culture of financialisation itself there are two sector examples which review financial cultures in the provision of water and housing. These are followed by considerations of financialisation in financial literacy and financial inclusion, the media and, finally, well-being. The chapters in this book were originally published in a special issue of New Political Economy.

Material Cultures of Financialisation

This volume traces the origins of social capital through the work of Becker, Bourdieu and Coleman, and comprehensively reviews the literature across the social sciences.

Social Capital Versus Social Theory

Laurence Harris

The Peculiarities of the British Economy

When Eddie Lieb, a bar pianist and retired professor has a chance argument with small time racketeer Frank Devito and a young dancer named Arnold he is drawn into a dangerous political conspiracy that threatens to topple the federal government. The Lazarus Operation concerns the unraveling of a major political conspiracy as seen through the eyes of two ordinary citizens, Eddie Lieb and Fred Giammatti. Lieb is a recovering alcoholic, formerly a professor of chemistry and now working as a bar pianist. Through a chance encounter with the son of a right-wing presidential candidate and a small time racketeer he becomes embroiled in a big time political plot. Unable to do anything himself he turns to Fred Giammatti a middle-aged political columnist for the New York Times who was a friend of Lieb’s father, Gus Lieb a retired sportswriter. Giammatti, aided by his protégée reporter Ted Laszko and his friend Detective Al Seidenberg, slowly uncovers the plot by a powerful collection of religious zealots who have managed to infiltrate all levels of the federal bureaucracy. Peopled by dangerous assassins and an assortment of quirky people including the President and Vice President the story builds to a crackling conclusion that eventually vindicates the American spirit.

The Lazarus Operation

Shows how economics was once rich, diverse, multidimensional and pluralistic. Details how political economy became economics through the desocialisation and dehistoricisation of the dismal science.

Method, the Social and the Historical in the Evolution of Economic Theory

From Political Economy to Economics

Economics has become a monolithic science, variously described as formalistic and autistic with neoclassical orthodoxy reigning supreme. So argue Dimitris Milonakis and Ben Fine in this new major work of critical recollection. The authors show how economics was once rich, diverse, multidimensional and pluralistic, and unravel the processes that lead to orthodoxy’s current predicament. The book details how political economy became economics through the desocialisation and the dehistoricisation of the dismal science, accompanied by the separation of economics from the other social sciences, especially economic history and sociology. It is argued that recent attempts from within economics to address the social and the historical have failed to acknowledge long standing debates amongst economists, historians and other social scientists. This has resulted in an impoverished historical and social content within mainstream economics. The book ranges over the shifting role of the historical and the social in economic theory, the shifting boundaries between the economic and the non-economic, all within a methodological context. Schools of thought and individuals, that have been neglected or marginalised, are treated in full, including classical political economy and Marx, the German and British historical schools, American institutionalism, Weber and Schumpeter and their programme of Socialökonomik, and the Austrian school. At the same time, developments within the mainstream tradition from marginalism through Marshall and Keynes to general equilibrium theory are also scrutinised, and the clashes between the various camps from the famous Methodenstreit to the fierce debates of the 1930s and beyond brought to the fore. The prime rationale underpinning this account drawn from the past is to put the case for political economy back on the agenda. This is done by treating economics as a social science once again, rather than as a positive science, as has been the inclination since the time of Jevons and Walras. It involves transcending the boundaries of the social sciences, but in a particular way that is in exactly the opposite direction now being taken by "economics imperialism". Drawing on the rich traditions of the past, the reintroduction and full incorporation of the social and the historical into the main corpus of political economy will be possible in the future.

Method, the social and the historical in the evolution of economic theory

Jomo K.S.

This volume provides a critique of the post-Washington Concensus in neoliberal economics.

Post Washington Consensus Neoliberal Thinking

The New Development Economics

This brilliantly concise book has established itself over twenty-five years and five editions as the standard companion to Karl Marx s most important work, the sprawling "Capital." This new edition retains the features that have made it a crucial teaching tool a clear explanation of the structure of Marx s analysis, an exploration of his method and terminology, and the significance of his central concepts while also bringing it fully up to date with the latest scholarship and a clearly written analysis of the continuing relevance of "Capital" to today s ongoing discussions of politics, economics, and the struggles of capitalism. "

Marx's 'Capital'

Ben Fine, the author of Social Capital versus Social Theory and a renowned exponent of Marxian political economy and Dimitris Milonakis offer one of the first systematic critiques of cliometrics, new institutional economics and Douglass North' s work

Fully revised and updated sixth edition of the internationally established guide to Marx's Capital.

Ben Fine

About

Books

Join the club